BSP Releases Reference Rates for Currencies on September 23, 2026
The Bangko Sentral ng Pilipinas (BSP) released its reference rates for various currencies on September 23, 2026. The rates are based on trading data from that day. The US dollar was valued at 62.698 PHP, while the Japanese yen was worth 0.39852 PHP. The UK pound and Hong Kong dollar were also included in the list, with values of 83.6893 PHP and 7.9941 PHP, respectively.
The BSP also released rates for other currencies, including the Singapore dollar, which was valued at 149.1942 PHP. The Australian dollar and Bahrain dinar were worth 44.5932 PHP and 166.3298 PHP, respectively. Some currencies had no value listed, such as the Kuwaiti dinar.
The BSP reference rates are used by banks and financial institutions to set exchange rates for their customers. They also provide a benchmark for investors and traders to gauge market trends. The release of these rates on September 23, 2026, provides valuable data for those monitoring currency markets.